-
This came as the broker earmarked “material softening” of minimum traditional rates on line. -
Proceeds from the sale will be used to fund sustainable development projects.
-
The carrier’s mega bond is seeking coverage for Texas named storm.
-
The carriers are seeking $130mn of Class C named storm coverage.
-
-
The carrier has updated the pricing guidance to 8.75%-9%.
-
The bond will cover named storms in the state of Florida.
-
Drop-in capital has now largely left the cat bond market.
-
The multi-peril coverage was due to expire in June 2026.
-
The platform distributed ~$50mn to investors for 2023.
-
The carriers are seeking $130mn of Class C named storm coverage.
-
The bond is Allied Trust’s debut issuance.
